2715 Kavanaugh Blvd Little Rock, AR 72205-3848
Property profile & analytics
2715 Kavanaugh Blvd Little Rock, AR 72205-3848
- Retail space
- 6,640 SF
- 0.18 lot acres
Property ID
US05-0436231
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mylo Coffee Co. / Cafe & Coffee Shop
Property Details for 2715 Kavanaugh Blvd
- Year built
- 1935
- Lot size
- 0.18 lot acres
- Property size
- 6,640 SF
- Property type
- Retail space
- APN
- 33L-047-00-216-00
- APU
- 33L0470021600
Description
This exceptional investment opportunity presents a fully occupied, 6,353 square foot retail property situated on Kavanaugh Boulevard in Little Rock's desirable Hillcrest neighborhood. The property, a landmark building constructed in 1899 and extensively renovated in 2017, boasts two distinct units currently operating at 100% occupancy. Each unit features a completely remodeled kitchen, equipped with updated HVAC systems, new plumbing, and a new grease trap, ensuring efficient and modern operations. The single-story building sits on a 0.18-acre lot (APN: 33L-047.00-216.00) and offers convenient front-door parking, a significant advantage in this highly walkable area. This core investment property benefits from its prime location within a stable and thriving market, making it an attractive opportunity for discerning investors. The property's historical charm, combined with its modern upgrades and strong tenant occupancy, presents a rare chance to acquire a prominent retail center in a submarket known for its long-term stability and desirability. A comprehensive offering memorandum is available upon request following the execution of a confidentiality agreement. This is a unique chance to own a piece of Little Rock's rich history while capitalizing on a robust retail market. The property is classified as a Modified Lease, Multi-Tenancy with two units.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,240,000
- 6.5%
- $1,145,000
- 7%
- $1,065,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,337,000
- AI Estimate
- $1,045,000
Market price range: $462k - $1.50MMarket price range: $274k - $1.21M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,015,000 Current use
- COMMERCIAL (GENERAL)
- $1,235,000 Change: +22% Conversion: Easy
- MEDICAL BUILDING
- $1,090,000 Change: +8% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $865,000 Change: -14% Conversion: Moderate
- OFFICE BUILDING
- $820,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3239
- Latitude
- 34.7574
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,234
$77,410
$201,550
$278,960
-
$387,050
$1,007,750
$1,394,800
